Short Interest in Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) Drops By 19.0%

Posted by Stacy Sanders on Jul 29th, 2024

Willamette Valley Vineyards, Inc. (NASDAQ:WVVI – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 1,700 shares, a decrease of 19.0% from the June 30th total of 2,100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Willamette Valley Vineyards in a research report on Monday. They issued a “hold” rating on the stock.

Read Our Latest Research Report on WVVI

Willamette Valley Vineyards Price Performance

NASDAQ WVVI opened at $3.74 on Tuesday. Willamette Valley Vineyards has a 12-month low of $3.57 and a 12-month high of $6.15. The firm’s 50 day moving average is $3.97 and its 200-day moving average is $4.56. The company has a market capitalization of $18.53 million, a PE ratio of -6.02 and a beta of 0.75. The company has a quick ratio of 0.37, a current ratio of 2.87 and a debt-to-equity ratio of 0.34.

Willamette Valley Vineyards (NASDAQ:WVVI – Get Free Report) last issued its quarterly earnings results on Monday, May 13th. The company reported ($0.22) EPS for the quarter. The business had revenue of $8.80 million for the quarter. Willamette Valley Vineyards had a negative return on equity of 3.42% and a negative net margin of 2.46%.

Willamette Valley Vineyards Company Profile

(Get Free Report)

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.